Joshua Owns a Suit Store

question 79

Multiple Choice

Joshua owns a suit store.He currently sells around 10,000 suits per year.If he increases the size of his store so that he can display and sell even more suits,and his long-run average total cost remains unchanged,we know that Joshua is experiencing

• A) diseconomies of scale.
• B) diminishing marginal product.
• C) increasing marginal product.
• D) constant returns to scale.
• E) economies of scale.

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Definitions:

Psychoanalytic Explanation

An approach to understanding behavior that emphasizes unconscious motives and conflicts, originating from Freudian theory.

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A therapeutic intervention centered on talking with a mental health professional to address emotional or psychological issues.